Criminal case
United States v. Credit Suisse Securities (Europe) Limited and Credit Suisse Group AG
- Authority
- US District Court for the Eastern District of New York
- Case number
- 21-CR-520 (Credit Suisse Securities (Europe) Limited) and 21-CR-521 (Credit Suisse Group AG)
- Filed or opened
- 19 October 2021
- Organization
- Credit Suisse Group AG
- Current stage
- Guilty plea by the UK unit. DPA with the parent extended to January 2026, formal end not foundS4
- Outcome
- Resolution of more than US$547 million across US and UK authoritiesS1
Decisions and steps
Claims this case bears on
- Supported88The US Department of Justice said in October 2021 that Credit Suisse entities resolved the Mozambique loan case with more than US$547 million in penalties, fines and disgorgement, including a guilty plea by its UK unit.Regulator statement, 19 October 20213 records citedFraud
- Supported86The DOJ said the Mozambique project contractor paid about US$50 million in kickbacks to bankers at Credit Suisse's UK unit.Regulator statement, 19 October 20213 records citedBribery
- Outdated84The October 2021 DOJ release presented Credit Suisse Group AG as the parent bank that entered the Mozambique deferred prosecution agreement.Regulator statement, 19 October 20214 records citedCorporate status
Sources
- S1Tier A Credit Suisse Resolves Fraudulent Mozambique Loan Case in $547 Million Coordinated Global ResolutionUS Attorney's Office, Eastern District of New York. Regulator press release. 19 October 2021.Supports the DPA, the UK unit's plea, the US$547 million total and the kickback figure. It does not state the SEC and FCA amounts separately.Link working, checked 25 October 2026
- S4Tier B Litigation, regulatory and similar mattersUBS Group AG (Form 20-F filed with the SEC). Company filing. 9 March 2026.UBS annual report note for 2025. Supports the three-year DPA and its extension to January 2026. It does not say the DPA has ended.